advice Is Sedo Suggested Price Option Reliable?

[artstar]

What's your thoughts on sedos suggested price option when adding domains?

Do you follow their price suggestions closerly or use it as a guideline and offer your domains at or close to their suggested prices or do you ignore their suggestion and price your domains with no regard to it?

 

[Chirag]

Anything which is automatic is not reliable. Sedo's price suggestions are not reliable at all. I have seen low price suggestion for good domain and very high suggestions for low level domain name.

Usually they rate the domains more than its actual value. I suggest you should set the price to around 50% to 70% of suggested value. But then men's logic is better than this calculation so go with your instincts.

 

[FPForum]

I agree that it's not reliable. As mentioned above, if it's automatic then it's not going to have a real clue.. Either open it up to offers starting at the bare minimum you would accept, or come up with a price that would satisfy you and set it as a buy it now.

 

[indiegrind]

not reliable at all. Ignore it.

 

[ramkumaritrvs]

None of the automation tool is perfect, Especially they don't update about current trends.

 

[infosec3]

Definitely not reliable. Just an automated senseless script in my opinion.

 

[NPer]

No, not reliable at all. It can give you a value below or above a realistic value for the domain.

For names that are valued much higher in reality, it does not reflect that. They created that tool to price domains mostly in the $xxx-$x,xxx range so that a sale may be possible.

But this could either undervalue or overvalue a domain.

 

[deflee79]

Much like how estibot places value when there are so many more variables that come into play.